Do we record cash purchases in the purchase book?

Open in App

Solution

No, cash purchases are not recorded in the purchase book, as the function of a purchase book is to record credit purchases of a firm.

Suggest Corrections

Similar questions

Rectify the following errors:

(a)	Credit Sales to Mohan Rs 7,000 were recorded in purchases book.
(b)	Credit Purchases from Rohan Rs 900 were recorded in sales book.
(c)	Goods returned to Rakesh Rs 4,000 were recorded in the sales return book.
(d)	Goods returned from Mahesh Rs 1,000 were recorded in purchases return book.
(e)	Goods returned from Nahesh Rs 2,000 were recorded in purchases book.

Cash purchases is recorded in which of the following specialised book?

Join BYJU'S Learning Program